Deutsche Bank has increased its target price for Applied Nutrition PLC from 335p to 350p following a strong pre-close trading update. The supplement maker now expects its 2026 revenue to rise 50% to £160 million, up from an earlier forecast of £140 million, driven by growth in key markets including the UK, Latin America, and the Middle East. Adjusted earnings are projected to increase 40% to £43.3 million with a 27.0% margin. Management also anticipates further revenue growth of 28% to £205 million in 2027, supported by product relaunches and international expansion, despite higher input costs and recent acquisitions.
Comvita reported a net profit after tax (NPAT) of $7.7 million for the fiscal year ending June 30, 2026, marking a return to profitability. The company also significantly reduced its debt, normalized inventory levels, and restored positive cash flow....
Six months after the US and Israel launched combat operations in Iran, the conflict remains a stalemate with no clear resolution. The Trump administration has shifted from military action to economic pressure, including secondary sanctions, aiming to...
The U.S. SEC declared Evernorth Holdings' Form S-4 registration effective, allowing Armada Acquisition Corp. II shareholders to vote on the proposed merger on September 30, 2026. This merger would create a Nasdaq-listed company under the ticker XRPN,...
VictoryShares US Value Momentum ETF (ULVM) received a Hold rating because, despite its strong year-to-date performance, it faces long-term vulnerabilities. The ETF combines value and momentum investment strategies but leans towards low volatility, wh...
Bitcoin DeFi lending involves depositing BTC-related assets as collateral to borrow or supply liquidity, with returns from borrower interest or fees. Different lending models—pooled, isolated, stablecoin-backed, native BTC, and custodial—vary in risk...
